Bread (BRD) Down 0.27% Tuesday: What's Next?

Tuesday, September 20, 2022 01:30 PM | InvestorsObserver Analysts

Bread (BRD) has been relatively more volatile compared to the crypto market. So far Tuesday, the crypto has fallen 27.45% to $0.005924394642.

InvestorsObserver is giving Bread a 87 Volatility Rank. Find out what this means to you and get the rest of the rankings on Bread!

See Full Report

Highly Volatile

InvestorsObserver gives Bread a high volatility rank of 87, placing it in the top 13% of cryptos on the market.

The Volatility Gauge analyzes this means that the rank represents its recent trends and isn't overly influenced by a sudden spike - or two - in volatility. BRD's high volatility reading is paired with a low reading on the Risk/Reward Gauge, meaning that the token has relatively wide price swings and is well protected from price manipulation.

Bread price is in a favorable position going forward. With support at $0.00455968357870522 and resistance near $0.00762930136421862. This leaves Bread with room to run before facing selling pressures.